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Charming Delray Beach Bungalow on Double Lot. Discover this delightful 2-bedroom, 1-bathroom bungalow with new driveway and impact doors nestled on a spacious double lot in one of Delray Beach's most desirable locations. Just 4 blocks from the vibrant Atlantic Avenue and 2 miles from pristine Delray Beach, this home offers the perfect blend of coastal living and urban convenience. Outdoor Paradise! The true gem of this property is the beautiful backyard oasis, featuring lush mango trees and an abundance of native Florida plants that create a tropical sanctuary. Relax and unwind in your private jacuzzi after a day at the beach, surrounded by the natural beauty of South Florida landscaping. Unbeatable Location, doesn't get better than this. With Merritt Park directly across the street, you'll have easy access to green space and recreation. Daily errands are a breeze with Target, Home Depot, Publix, Fresh Market, and Carrabba's, Wholefoods all nearby. Whether you're strolling to Atlantic Avenue's world-class dining and entertainment or heading to the beach, everything you need is moments away.
This rare double-lot property offers both charm and potential in one of Delray Beach's most sought-after neighborhoods. Don't miss this opportunity to own a piece of paradise in the heart of it all. By appointment only. Property is owner-occupied; please provide approximately 24 hours’ notice for showings. Thank you!
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Our Executive Mortgage Banker:
Our Insurance Division:
$738,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $590,400 | $590,400 | $590,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.634% | 6.890% | 6.078% |
| Monthly Tax Payment | $209 | $209 | $209 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,635 | $3,829 | $4,942 |
| Total Monthly Payment | $3,936 | $4,130 | $5,243 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.